WebIf the MPS rises, then the MPC will: a. Fall. b. Rise. c. Stay the same. MPC and MPS In macroeconomics, the MPC ( marginal propensity to consume) represents the slope of a … WebMarginal propensity to consume (MPC) is the ratio of the change in consumption to the change in income. MPC is always a positive number between 0 and 1. MPC plus marginal propensity to save (MPS) equals to 1. Thus if, MPC is 0,75, MPS is 0,25.
Q3. If the MPS rises, then the MPC... [FREE SOLUTION]
WebMy marginal propensity to consume is: View Answer. Determine whether the following statement is true or false: The typical value for the MPC is less than 1.0. View Answer. If … WebPractice all cards. If the MPS= 0.1, then the value of the multiplier equals: 10. If the multiplier equals 4, then the marginal propensity t o save must be equal to: 1/4. Suppose … cltcc in winnfield
Chapter 10 Flashcards Quizlet
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